HCH 1.22% 83.0¢ hot chili limited

Ann: Hot Chili Executes MOU for Port Agreement, page-26

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  1. 7,304 Posts.
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    I'm 80 I've made my money from the markets. I was hoping HCH might be my last big play then I could die knowing I was right. I email him every fortnight. He doesn't answer me anymore.

    I love the deposit and more importantly where they have found it. I have been there several times since 2016. The geologists today are incredibly inefficient nowdays, that's what I've noticed over the decades. 40 years ago you would drill, feasibility, develop and build the mine all at the same time. Very efficient very productive because you had to be, otherwise you run out of money and went broke. HCH nearly did go broke a few years back, and there has been many many highly destructive discounted deals done that destroyed SH, but it kept the lights on. I contue to struggle with the inefficiencies of today, the waste the down time. Maybe it's just my generation? I don't know. But I do know that the mining game isn't what it use to be.
 
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